Formerly About Applied Materials Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Formerly About Applied Materials

AMAT 256.41

+1.1%

Dec 19 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Scott Brooks who wrote (13169)	12/12/1997 6:29:00 PM
From: Tito L. Nisperos Jr.	of 70976

Scott, with the stream of Bad News going on, the stock is threatening to seek refuge in the low 20s. if it does that, it could show also its forlorn face in the high 20s from time to time. With that in mind, I decided to Roll-over the 40s and 35s to the 30s (also the '99s to '00s) whenever convenient to do so---that is time the sales in the high 20s and buys in the mid to low 20s...little by little at a time...When I see the stock healthy enough to slowly edge out of the Hole (Analysts upon Analysts by then would be advising people to avoid the stock until 6, 9 or more months later), then I'd start exchanging stocks to LEAPs...The stock Yoyoed for 2 months in the 50s/40s, then Yoyoed for 2 months in the 30s and probably will Yoyo in the 20s for 2 months until earnings time in Feb...after that I really don't know---instead of climbing to the 30s, it might descend to the 10s...The idea is for me to lower my over-all cost of investing instead of just watching and agonizing (like I did in previous years)...It happened for me last year until early this year, I reduced my Cost to less than Zero by constant trading---making me happy and my brokers as well...

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next